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Physical Inspection Report-AAS

This physical inspection report documents the inspection of rice assets for a murabahah transaction between Asghar Agro Services and Bank Islami Pakistan Limited (BIPL). The inspection found that the rice assets matched the purchase requisition and agreements, were properly stored and identified, and that BIPL maintains 100% ownership until the assets are transferred to the client.

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Saadat
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101 views1 page

Physical Inspection Report-AAS

This physical inspection report documents the inspection of rice assets for a murabahah transaction between Asghar Agro Services and Bank Islami Pakistan Limited (BIPL). The inspection found that the rice assets matched the purchase requisition and agreements, were properly stored and identified, and that BIPL maintains 100% ownership until the assets are transferred to the client.

Uploaded by

Saadat
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd

Physical Inspection Report

(To be attached with Murabahah Declaration)

Client's Name ASGHAR AGRO SERVICES

Inspection Date 09/06/12

Date of Purchase Requisition 31.05.2012

Sub-Murabahah Amounts 2,730,000

Sub- Murabahah Value Date 31.05.2012

Name of supplier(s)* Fazian Khalid Verik & Brothers

Visit Location(s) Baddo Murady 30 KM Lahore-Sheikhupura Road.

Name of Client's Representative and Designation Asghar Bajwa – Managing Partner

Name of BIPL's Representative and Designation Saadat Ullah Khan (CRM)

Description of Murabahah Assets Rice (Super, Karnal, Basmati)

Delivery Date 08/06/12

Tranch No. (If Applicable) NA


Assets as per Purchase Requisition and Agency Agreement

Yes √ No

Purchase Evidences as per Murabahah Procurement Process Flow


Yes √ No

Assets mentioned in Purchase Evidence match with Purchase requisition


Yes √ No

Storage Arrangement of BIPL's Asset(s)


Mixed with other assets
Yes No √
If Yes then specify the method by which BIPL's assets have been identified.

BIPL's Share in Murabahah Asset(s)


Specify BIPL and Client's percentage share in Murabah asset(s).

BIPL's Share 100% Client's Share 0.00%

Saadat Ullah Khan


Customer Relationship Manager

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